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Skanska UK chief warns of Chinese 'threat' as firm strives to choose the right work

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Hours after Skanska posted a rise in profits in 2012, UK president and chief executive Mike Putnam is keen to talk about the positive impact on the company's UK outlook and its continued role as a 'niche provider' to the commercial and residential sectors.His sights are set on long-term nuclear work, but he hasn鈥檛 lost touch with the needs of Skanska鈥檚 supply chain, grappling with the continuing dangers of insolvency. Despite sitting at the helm of a company that prides itself on its 鈥榞reen standard鈥�, he avoids censuring the government鈥檚 apparent failure to live up to its pledge to be the greenest government ever.

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Administrators called in at scaffolding firm

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Administrators have been called in to Deverson Direct Ltd, a prominent South-east scaffolding firm.Neil Vinnicombe and Jon Beard of Begbies Traynor (Central) LLP were appointed as administrators to the company on 5 February. Deverson Direct was based in Canterbury, Kent since 1996 and had worked for contractors including Carillion, Kier and Sir Robert McAlpine.

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Skanska profits climb as orders rocket 23pc

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Skanska UK saw profits and margins increase in 2012 as its order book rose almost 23 per cent, it announced today.Reporting results for the year to December 2012, it said revenue was 拢1.16bn, down 4.5 per cent on the 拢1.22bn last year. Operating profit rose 4.2 per cent to 拢42.1m from 拢40.4m, with operating margins up from 3.3 per cent to 3.6 per cent. Orders rose 23 per cent from 拢878m to 拢1.08bn, while the order backlog was down 5 per cent from 拢1.89bn to 拢1.8bn.

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Newt-protection fence allows construction to resume on Kier鈥檚 拢14m Durham Police HQ 

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Work on Kier鈥檚 Durham鈥檚 拢14m Constabulary site is to be re-started after a protective fence is erected to preserve a protected species of newt.The decision was made following a 鈥渉igh-level鈥� meeting between the force, an ecologist, Natural England and the contractor,The fence will prevent great crested newts, which set back work by three months at a cost of 拢200,000 to the force, being harmed by entering the site.As a European Protected Species, it is an offence to deliberately capture, kill or disturb great crested newts, or to damage or destroy breeding sites and resting places without a licence.

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